overconfident is ?

[Alicia Lynch]

Overconfident trading can do a lot of damage. That is why you should never create extra emotions. And meditation needs to be done.

 

[bulltrader]

Overconfidence can blow your account.

 

[omegastuff]

Overconfident is a dangerous thing for a traders like us to have, but we all have that sometimes.

 

[javierhowell]

Overconfidence conceits you. It makes you believe that you can never fail, hence push you to take risky trades more than you can afford. Later it deceives you and you fail miserably.

 

[Cooper Truebridge]

Of course, in the forex market, we work with possibilities. There is no such thing as a 100% guarantee. So if I become overconfident, it could be the cause of my loss.

 

[FundUp]

I think overconfidence comes after getting consistent profits but one should remember that the forex market keeps changing, if today you are getting profits then the next day you can might get loss, so it is better to prepare yourself well in order to avoid risks.

 

[Kevin Vogt]

Of course, in the forex market, we work with possibilities. There is no such thing as a 100% guarantee. So if I become overconfident, it could be the cause of my loss.

Forex market is unpredictable that's why it is not so easy to make consistent money. Very few people can master that skills.

 

[Cooper Truebridge]

Forex market is unpredictable that's why it is not so easy to make consistent money. Very few people can master that skills.

That's fine, but people can do whatever they want.

 

[Alexander Hudson]

The higher the volatility is, the riskier the market is. View the market from both technical and fundamental point of view and only then you will be able to catch the market trend.

 

[LouBega88]

Good trading techniques are hidden into candlesticks. Candle breakout strategy is an effective trading style but traders mostly fail to follow this strategy just because they don’t have sufficient idea over the use of the strategy.

 

[Svetlana Loboda]

practice is important , i know but after passing sometime we the traders lost interest , so we have to make practice step by step.

 

[SaadBinToha]

Technical analysis and fundamental analysis are two mostly followed analysis types. Traders rely on only technical analysis but it’s not fair for them because only technical analysis can’t serve them with the best market forecast until it is not accompanied by fundamental analysis. Combining these two analyses type help a trader understand the market well.

 

[Oscar Shumack]

In Forex, there is no place for overconfidence because it will drown you. But a better forecast on the market can help you earn more money. In Forex, nothing is certain.

 

[helodear123]

Fundamentals and technicals should be considered while doing a strong forecast in my opinion.

 

[Alexander Hudson]

Overconfidence is daring in forex because it leads to losses. Those who are overconfident about trading can collapse anytime.

 

[Oscar Shumack]

Some qualities destroy a trader entirely and overconfidence is one of them. When the market is uncertain how can you show overconfidence.

 

[Alexander Hudson]

Overconfidence is like a salt in juice because forex is a market full of uncertainty so there is no scope for showing confidence here.

 

[Oscar Shumack]

Some qualities drown a trader and overconfidence is such a quality. We have to guess the flow of forex through better market analysis and there is no space for showing overconfidence.

 

[SaadBinToha]

Those who are overconfident are the worst sufferer in the market by the end of the day. So, focus on market reality and don’t be overconfident.

 

[Eduardo Lucchese]

Confidence is appreciated but overconfidence isn’t. In Forex, we can’t be overconfident because ere the trading is done on the basis of prediction.